FS Bancorp, Inc. (FSBW) To Go Ex-Dividend on February 6th

FS Bancorp, Inc. (NASDAQ:FSBW) declared a quarterly dividend on Wednesday, January 22nd,Wall Street Journal reports. Stockholders of record on Thursday, February 6th will be paid a dividend of 0.28 per share by the bank on Thursday, February 20th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Thursday, February 6th. This is an increase from FS Bancorp’s previous quarterly dividend of $0.27.

FS Bancorp has increased its dividend payment by an average of 24.1% annually over the last three years and has increased its dividend every year for the last 11 years. FS Bancorp has a dividend payout ratio of 22.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect FS Bancorp to earn $5.00 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 21.6%.

FS Bancorp Trading Up 1.5 %

NASDAQ:FSBW opened at $40.58 on Friday. FS Bancorp has a 52 week low of $30.64 and a 52 week high of $49.15. The stock has a market capitalization of $317.34 million, a price-to-earnings ratio of 9.22 and a beta of 0.96. The company has a quick ratio of 1.04, a current ratio of 1.06 and a debt-to-equity ratio of 0.74. The firm has a 50 day moving average of $43.39 and a 200 day moving average of $43.12.

FS Bancorp (NASDAQ:FSBW) last issued its quarterly earnings results on Tuesday, January 21st. The bank reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.12). FS Bancorp had a return on equity of 12.35% and a net margin of 16.97%. As a group, sell-side analysts anticipate that FS Bancorp will post 4.45 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com cut FS Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd.

About FS Bancorp

FS Bancorp, Inc operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit.